secwatch.observer — SEC 8-K summary
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Issuer:     Currenc Group Inc. (CURR)
CIK:        0001862935
Form:       8-K
Filed at:   2023-09-15T23:59:59+00:00
Accession:  0001493152-23-032755
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

INFINT Acquisition Corp. enters $400K promissory note with sponsor, replacing prior $150K note
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- Promissory note of up to $400,000, non-interest bearing, payable upon initial business combination.
- Replaces and supersedes May 1, 2023 promissory note from sponsor InFinT Capital LLC for up to $150,000.
- Sponsor may elect to convert principal into private placement warrants at $1.00 per warrant upon business combination.
- Funds are for working capital; note is unsecured and not guaranteed by trust account.
- Customary events of default including bankruptcy; no interest accrues.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1862935/000149315223032755/0001493152-23-032755-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1862935/000149315223032755/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-032755

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